Issue 45

Oil & Gas

• Egypt: Key Producer Apache Ramps Up Activity As Cabinet Approves Oil Contract Terms
• Egypt Gas Output: Record Highs For September, Q3
• Tortue Expansion: 2022 FID Targeted
• Kosmos Eyes Tortue Phase 2 Marketing Upside
• Iraq Targets Chevron For Dhi Qar Boost

Corporate

• Abu Dhabi Plans Drilling Ramp Up
• Gulf Rig Count Surges In October
• Halliburton: Iraq Drilling

OPEC

• Opec Cuts Demand Estimates As High Prices Curb Consumption

Geopolitical Risk

• Attack On Iraq PM Stymies Government Formation
• Kuwait Government Resigns

Power & Water

• Saudi Power Demand Hits New Peak
• Dubai Launches Dewa Listing

Refining & Petrochemicals

• India Crude Imports Near Pre-Covid Highs For Q3 With September Records

Economics & Finance

• Algeria Budgets For $100bn 2021-2024 Deficit
• Suez Canal Smashes Records
• Iraq Appoints KPMG To Audit Key China Oil-For-Infrastructure Credit Line
• Qatar Quarterly Export Revenues At 7-Year High

News In Brief

• Cyprus: Aphrodite Drilling Deadline Extension
• Oman Readies Solar Projects
• Oman Caps Gasoline Prices
• Iran ‘To Invest $11bn’ In Offshore Gas
• Saudi Economy: Fastest Growth Since 2012
• Tunisia Restarts IMF ‘Rescue’ Talks
• Libya In Race Against Time To Boost Output

Selected Data

• India Crude Imports (‘000 b/d): Q3 Volumes Back At Pre-Covid Levels With Record September
• Tunisia Restarts IMF ‘Rescue’ Talks Crude Official Selling Prices ($/b): Saudi, Iraq Hike December Prices
• Benchmark Crude Prices ($/B)
• Egypt Power Generation, Demand Hit Record Highs